TRevPAR

TRevPAR, or total revenue per available room, is a performance metric in the hotel industry. TRevPAR is calculated by dividing the total net revenues of a property by the total available rooms. [1]

TRevPAR is the preferred metric for accountants and hotel owners because it effectively determines the overall financial performance of a property, while RevPAR only takes into account revenue from rooms. TRevPAR is useful for hotels where rooms are not necessarily the largest component of the business. Outlets such as banquet halls also provide a source of revenue for these hotels. [2][3]

Calculation

TRevPAR = TotalRevenue /RoomsAvailable \,

See Also

References

  1. ↑ "TREVPAR Definition". Hospitality Yield Management. Retrieved 25 February 2015.
  2. ↑ "TRevPAR: The Most Effective Metric for Revenue Managers?". RC Solutions. REVPAR GURU. Retrieved 25 February 2015.
  3. ↑ "Measurements of performance and benchmarking: REVPAR, TREVPAR and GOP PAR". Hospitality & Catering News. Retrieved 25 February 2015.
This article is issued from Wikipedia - version of the Wednesday, February 25, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.